Pangkalpinang, Bangka Belitung (Antara Babel) - The trade and industry office of Bangka Belitung Province is planning to tighten control on tin exports in a number of ports to prevent smuggling attempts.
"We have formed a team of inspectors to coordinate with the port and law enforcement officials in order to prevent tin smuggling," the office's head Yuriswan said here on Sunday.
According to him, the objective of the export control is to limit the volume of tin exports in order to increase the price in the international metal market.
"In April 2015, the province administration, PT Timah and other tin companies have agreed to limit the tin exports' volume of 4,500 tons," Yuriswan remarked.
The stakeholders have agreed to export no more than 4,500 tons of tin ingots monthly; or PT Timah with a volume of 2,500 tons and the other smelter companies 2,000 tons of tin ingots monthly.
"We have coordinated with Bangka Belitung Governor Rustam Effendi. He wants greater control in tin trade, so that the tin price in the market can be increased," Yuriswan said.
Indonesia's tin bar exports mostly went to Singapore, Malaysia and China. Indonesia`s tin bars had also been exported to South Korea, the Netherlands, Taiwan, Japan, India, Switzerland, Turkey, and Thailand.